The importance of co-working for new-age entrepreneurs

Co-working has become a popular choice for millennials, SMBs. MNCs, freelancers, consultants and contractors. A style of work that involves a shared workspace and an upbeat, independent atmosphere is how people have defined co-working spaces in the past.

Not only has the seg. Modern co-working spaces offer amenities like a fancy cafeteria ment seen a boom along the years but is also set foran aggres- structural and technological emerged as a preferred choice of sive transformation as it builds expenses which saves a big moo- MNCs for setting up their satel- its strategy to attract today’s mil- lah for start-ups and small and lite and regional offices. Given lennial generation. From solo- medium businesses in a long the specific requirement of Cor- preneurs to start-ups, to multi- run. Apart from good qualityporates, many co-working play- nationals, co-working has been infrastructure, hyper connectiv- ers are today offering

Cost Cutting

opting for co working space is any day matches up to their global stan- ny day 15-20 per cent cheaper. Many MNCs are also eye- nan leasing an office on rent. Build-to-suit workspace  these spaces to host their ne can easily cut down on infrastructure and technological expense whichb save a big for start ups and small and medium business in a long run.apart from good quality infrastructure ,hyper connectivity solutions,cloud credits and VC rooms,cost and downtime.

Build to suit workspace

. Build-to-suit workspacing these spaces to host their ne can easily cut down on infra- Co-working campuses have emerged as a preffered choice of MNC  for setting up their satellite and regional offices.given the specific requirement of corporate many co working play are today offering build spaces which  are custom as per the need MNC and employee. Many MNC are also eyeling these spaces have an new age workforce.

Holistic wellness for new age entrepreneurs

Modern co-working spaces have taken it upon themselves tonurture the emerging entrepre neurs who are known to be suffering from work stress. These spaces offeramenities like fancy cafeteria, brewery, gaming courts, gyms, frustration zones meditation zones, spas etc. Co-working space providers are also taking care of holistic well ness of the employees and have introduced an array of services like wellness sessions, personal counselling sessions and innova- tive sleeping pods with a bed chamber and TV where one can de-stress beside the resident pets ofthese campuses.

Ease of working for women entrepreneurs

Co-working spaces are helping women entrepreneurs work freely without having to worry about their kids. Facilities like crèche, pet care and womenoriented counselling sessions make women work more efficiently. Notonly has this been helpful for women but also helps single fathers to maintain a work life balance. Leading factor that attracts the female talent from small cities and make them feel secure at work as these spaces are present at prime location.

Growth in opportunities:

Being start-up incubators, co-working spaces attract a number of investors and industry experts and accelerators who add potential to the businesses that operate in the campuses. They help start-ups to keep up with modern disruptions through workshops and hackathons. Many industry experts and mentors come to these spaces to provide financial and legal guidance ,while seeking new business opportunities.

 

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